Enforcement Information

Enforcement Results Demonstrate Continuing Risk of Financial Fraud – Financial fraud
investigations conducted by the Department during 2007 involved an aggregate potential
financial impact estimated at nearly $30 million. As a result of the Department’s
enforcement efforts, Idaho residents were offered, or awarded in judgments by the
courts, in excess of $2.9 million in refunds. This total includes amounts refunded
to Idaho investors due to administrative, civil and criminal actions initiated or
supported by the Department and also includes voluntary rescission and refund offers
made in compliance with the laws administered by the Department.

The Department’s investigations and enforcement actions are varied and complex.
During the most recent fiscal year, the Department initiated or completed more than
140 enforcement actions. This past fiscal year saw the Department shut the doors
of an Idaho-based collection agency engaged in significant fraud and self-dealing
(Court Issues Permanent Injuction Against
Bannock Collections, Inc. release date 6/25/07), while other actions initiated
or completed include: